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(Reuters) - A shortage of Danish drugmaker Novo Nordisk's popular weight-loss and diabetes drugs, Wegovy and Ozempic, has been resolved, the U.S. Food and Drug Administration's website showed on ...
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The drugs have been in short supply since 2022, soon after the FDA approved Wegovy for weight loss purposes. Novo Nordisk said it made a $6.5 billion investment to increase production in the U.S.
During the first round of negotiations last year, prices of some of the most commonly used drugs in Medicare were slashed by approximately 40 to 80 percent, according to a statement from President ...
Novo Nordisk's and Eli Lilly's weight loss drugs can cost over $1,000 for a month's supply, while compounded versions typically cost a few hundred dollars. The FDA needs more support, Califf said.
Weight loss drugs have been developed since the early twentieth century, and many have been banned or withdrawn from the market due to adverse effects, including deaths; other drugs proved ineffective. Although many earlier drugs were stimulants such as amphetamines, in the early 2020s, GLP-1 receptor agonists became popular for weight loss.
Ozempic, which was developed to fight diabetes but reached global popularity thanks to its weight-loss side effect, has become a significant revenue driver for Novo, with sales reaching 95.7 ...
The woman’s doctor had prescribed her a GLP-1 drug for weight loss, even though the woman, who had suffered from an eating disorder for 28 years, had abused numerous medications to lose weight.